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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: Bruce L who wrote (11284)	11/27/1998 12:16:00 PM
From: George Dawson	Respond to of 42804

Bruce, "I would think that sophisticated investors who short would do so in terms of fixed minimum DOLLAR amounts rather than fixed number of MRVC shares; cheaper MRVC share prices would lead to more shares shorted - for those investors who short." Agreed - in fact everything I have read about shorting says this is a preferred strategy. "Second, average daily trading in MRVC has increased more than 60% from October to November, from 509K to 843K." For more detailed analysis, including which market maker or broker is doing the trading somebody posted this reference on another thread: nasdaqtrader.com If it doesn't work just try the Nasdaqtrader.com site and type in MRVC. On this table, there is a high number of brokers with an E or ECN designation. This means "electronic communications network" which might be consistent with your day trader hypothesis. If it is a month by month analysis should show they are more prevalent. Analysis of trading blocks would also be useful. George D.

To: Bruce L who wrote (11284)	11/27/1998 1:35:00 PM
From: J. Conley	Respond to of 42804

>>I can't understand "high" short interest either under the circumstances outlined, i.e. good forward looking prospects.<< Hate to say it, but I do not believe this company has "good forward looking prospects." In fact, after the financing, the earnings warning, and subsequent conference call (which had a very negative tone), I believed the company would be sued for recovery of the money they raised in the financing, and then die a slow death. Maybe the potential claimants were short; that's why they did not sue. Also, back in the Summer, I could not get an answer from the company about factoring its receivables. Perhaps, this is not an issue, but despite repeated calls to IR I could not get an answer (even though IR stated that a few persons had asked the same thing.) IR was (is?) a joke. Simply stated, the management of this company sucks; shareholder interests are a very low priority. jc